Address
2545 Cedar Avenue S Minneapolis, MN
Price
$ 390,000
Property Attributes
- ML#5691559
- TypePending
- CountyHENNEPIN
- CityMinneapolis
- AreaAuditors Sub 016
- NeighborhoodEast Phillips
- Zip55404
- StyleResidential Income
- Year Built1912
- Taxes5683
- Price$ 390,000
- Bedrooms6
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3200
- Lot Size10,454 SqFt
Listing Provided Courtesy Of:
RE/MAX Results
Property Description
A MUST SEE up/down duplex in South MPLS on a large double lot! Original hardwood floors, charming built ins, and spacious units with a lot of natural sunlight. This property has been well maintained and definitely shows pride in ownership. High demand area close to light rail, colleges, restaurants and short drive to downtown MPLS & Downtown St. Paul. Tenants in both units as this property has never been vacant! Split HEAT/ELECTRIC, paid by tenants. Great option for an investor looking to add major cash flow to their portfolio. Both large 3bed/1bath units and the upstairs unit has two additional bonus spaces. Property also offers a two stall garage and coin-operated laundry on site. Value add opportunities with adding a potential 3rd unit, or additional bedroom, in the basement and the potential to split the double lot and sell or develop the new lot.
| Price History | |
|---|---|
| 12/9/2020 | Listed $390,000 |
General Features
| Construction Materials | Wood Siding, Stucco |
|---|---|
| Contingency | None |
| Heating | Hot Water, Boiler |
| High School District | Minneapolis |
| New Construction | No |
| Parking Features | Detached, Concrete |
| Property SubType | Duplex Up and Down |
| Property Type | Residential Income |
| Sewer | City Sewer/Connected |
| Standard Status | Pending |
| Subdivision Name | Auditors Sub 016 |
| Total Units | 2 |
Interior Features
| Basement | Full |
|---|---|
| Fireplace Y/N | No |
Exterior Features
| Lot Dimensions | 85x127 |
|---|---|
| Lot Size Area | 0.24 |
| Lot Size Units | Acres |
| Water Source | City Water/Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 55404
Price
Taxes
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Year Built
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